The Resilient Futures Investment Roundtable (previously Resilience Valuation Initiative) is addressing this gap by collaboratively creating resources developed from practical experience to improve decisions around when, where and how to invest in resilience.
Efforts to value resilience often focus on financial costs and benefits, in particular avoided loss, and damage of assets. However, resilience investment can generate much broader benefits that just avoided losses. Resilience-building activities are opportunities to:
- innovate,
- spur economic growth,
- protect and strengthen ecosystem health and biodiversity, and
- build stronger, more connected and healthier communities.
To support organisations navigating the different tools and methodologies available, members of the Resilient Futures Investment Roundtable explored examples of resilience valuation in practice. These case studies shed light on the suitability of existing tools and resources in different decision-making contexts.
The Resilient Futures Investment Roundtable is now building on these learnings, exploring resilience valuation approaches that consider the broad economic, social, environmental and governance benefits that can flow from investing in resilience.
About the Resilient Futures Investment Roundtable
The Resilient Futures Investment Roundtable is a group of private, public, research and not-for-profit organisations collaborating to improve the way that the costs and benefits of resilience are valued to create better public and private resilience investment decisions.
It supports organisations from any sector make informed, future-proofed decisions to manage climate risk and invest now in a resilient, climate-adapted future.
More information be found at resilientfuturesroundtable.com.au